Compass: Real Estate Revolution - [Business Breakdowns, EP.226]

This is Business Breakdowns. Business Breakdowns is a series of conversations with investors and operators diving deep into a single business. For each business, we explore its history, its business model, its competitive advantages, and what makes it tick. We believe every business has lessons and secrets that investors and operators can learn from, and we are here. to bring them to you.

To find more episodes of breakdowns, check out joinccolossus.com. All opinions expressed by hosts and podcast guests are solely their own opinions. Hosts, podcast guests, their employers, or affiliates may maintain positions in the securities discussed in this podcast. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. This is Matt Russell and today we are breaking down the real estate broker compass.

We have Jeff Collette, founder of Aeon Capital Partners, back as a guest. You may remember his breakdown on Goosehead, and we thought it was fitting to cover another flavor of a broker. Now, Compass itself is a fascinating business and historically a controversial stock. It was founded in just 2012 by Robert Refkin. And Compass has scaled in that short period of time to become the largest real estate brokerage in the United States.

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